Average Price for property in Cherry Close, Morden, SM4 is around £488,647 which varies based on type of property you are interested in and ranges from £567,042 for semi-detached to around £472,968 for terraced house. Values have been changing and have risen £8,012 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £24,771 in last 6 months, £61,627 in last 1 year, £95,790 in last 2 years, £101,475 in last 3 years, £117,598 in last 4 years and £109,040 in last 5 years.
Currently average asking price of a property in Cherry Close, Morden, SM4 is around £399,424 based on approximately 2 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,349 per month.
Estimated property value in Cherry Close, Morden, SM4 is £488,647. Average asking price is £399,424 while average price paid is £450,000 which is up by £61,627 and Avg. asking rent £1,349.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cherry Close, Morden, SM4 area. In last 1 year alone average price buyer paid is around £450,000 based on approximately 2 sales in Cherry Close, Morden, SM4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £450,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £450,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £450,000 per sale.